MCLARKE
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Posts posted by MCLARKE
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13 hours ago, Escaping Captivity said:
One golden rule that everyone has missed. Probably the most important too.
Always use a staking plan.
I've been betting for over 30 years and have not found anything better than level stakes.
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If my cumulative profit has reached a new high at the end of a week then I will increase my base stake by £1.
My original base stake in October 16 was £10, it is now £54.
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I seem to recall reading somewhere that, contrary to popular belief, horses do not perform better on their 1st run after being gelded. Does anybody have any data to prove / disprove this?
I don't think I'd be very co-operative if someone had done this to me !
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BH, I'm surprised that you have thrown the towel in on this. I think you have had bad runs before but they then recovered.
My own each way system had a losing run of 223 points over 2 months. I was beginning to lose faith but stuck with it because I believed in the logic of the system and in the following 3 weeks I made a profit of 275 points.
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Thanks for the explanation.
I must admit I am always dubious about staking plans.
I don't think that long term a staking plan can turn a losing system at level stakes into a profitable system.
I suspect that at some stage you will have a losing run that will wipe out all your profits but I am open to be proved wrong.
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Thanks, very interesting. Out of interest what is the logic behind the staking plan and does it make a profit at level stakes?
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Jedi,
What return are you making on your selections ?
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Excellent win with Shimla Dawn, again turned a losing day in to a winning one !
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1. Take advantage of "money back specials" but only when the odds are in your favour.
2. When using free bets do not back favourites.
3. Level stakes only.
4. Very low stakes until you are showing a profit and then gradually increase stakes.
5. Limit stakes to a maximum each day.
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Another good day for you today, pity about the last 2 being favourites.
It is good to see a system proofed to BSP as it is difficult to bet with normal bookmakers if you are making a profit.
Do you think you would still make a profit if you picked the selections earlier, applying the rules to the best odds shown on odds-checker when you post the selections?
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The post was on Sunday, the day after the results ?
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I think most people use the tips as a base rather than following them blindly.
I have given some pointers but the data is available for you to download and decide what works best.
After many years in this game I do not believe there is any get rich quick scheme, you need to put some effort in yourself.
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I did point out to you that there was a losing run of £6,000 during April / May 2018 so the chances of losing runs of £800+ are quite likely.
Those horses at less than 4/1 have not made a profit.
Personally I back each way selections where extra places are available from the bookmakers and I've made good profits.
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I haven't updated this thread since October but I have continued to bet on the selections and they have been very successful. I have made amendments to the maximum odds, these odds are now 12/1.
There have been 97 selections, 51 of which have won or been placed. The profit to £25 ew stakes has been £1,992 with a ROI of 40%.
Unfortunately most of these bets have been with Sky and today I was notified that my stakes have been limited and BOG will no longer apply. Instead of £50 BOG I was allowed £2.50 at the price taken.
So back to the drawing board, it looks like BSP is going to be the only option.
As I reach my last few years I'm not sure I've got the energy to start developing and testing new systems based on BSP.
It's a shame but perhaps I need a new hobby !
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I opened an account in my own name with them a couple of years ago and got shut down pretty quickly. At least I managed to escape with £400 on that occasion.
My daughter now has her own house and I set up the account at her house with her IP address etc. so I assume they would not be able to connect her to me.
But who knows in this day and age !
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Opened an account for my daughter yesterday with RACEBETS, basically to take advantage of the £50 free bet offer.
I deposited £50 and placed my 1st bet of £27 which lost.
I placed my 2nd bet (the remaining £23) today but the bet was not accepted.
After trying to contact them I was finally informed that I was not allowed to take a price, I am only allowed to bet at SP.
Must be the quickest restriction ever, after 1 losing bet !
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As with any system, there is always the chance of a long losing run. Even with these excellent tips there was a losing run of close on £6,000 during April / May 2018 based on £20 stakes.
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Ignoring those below 6/4 added to the profits.
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Once again, fantastic performance. I had my doubts after the dodgy start, I should have known better !
Golden Rules..
in At The Races - Racing Forum
Posted
I use a spreadsheet to produce my bets so it's quite an easy task to add the results to this.
Out of interest what service do you use to get the data for the days runners etc.